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A corn field damaged by the on-going dry spell in Tumauini, Isabela, February 15, 2010. ABS-CBN News/Jeff Canoy

El Niño toll could worsen

‘Moderate’ weather pattern seen having ‘severe’ impact

MANILA, Philippines - The impact of an ongoing El Niño-induced dry spell could be more severe than initially predicted, officials said, with some areas possibly seeing a repeat of 1998 wherein a drought took its toll on the economy.

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Looking ahead: Power supply not enough in 2010?

meralco meter

MANILA, Philippines - As the holiday season draws to a close, Filipinos now gear up for the upcoming national elections. But as government officials raised the possibility of a power shortage next year, will the 2010 polls be done in the dark?

Ernest Cu: When timing is everything

Ernest Cu, Globe Telecom Inc. president and chief executive officer

Great opportunities came to Ernest Cu, including a chief executive position in the Philippines' second-largest telecommunications company. But it was failure, not luck, which helped him choose and leave a business at the right time.

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Oil strikes 6-week high amid Greece bailout talk

as of 02/22/2010 1:09 PM Oil refinery

PERTH - Oil prices rose to a six-week high above $80 a barrel on Monday, extending the previous session's gains, as speculation over a quick bailout for debt-laden Greece helped pushed the US dollar lower....full article

Rules on listing by way of introduction shelved

as of 02/22/2010 12:05 PM Philippine Stock Exchange

MANILA, Philippines - Rules on listing by way of introduction have been temporarily shelved by the Philippine Stock Exchange (PSE)....full article

Ongpin-led Alphaland to spend P4-B on new Makati mall

as of 02/22/2010 11:57 AM Makati Business District

MANILA, Philippines - Ongpin-led property firm Alphaland Corp. will spend P4 billion in the next three years for a mixed-use project in Makati....full article

Keep your coins out of the piggy bank, BSP pleads

as of 02/22/2010 11:54 AM 2004 one-peso coin

MANILA, Philippines – Feeding a piggy bank with loose change may have been considered a Filipino’s practical way to save, but the Bangko Sentral ng Pilipinas said this old-age practice may not be doing the overall economy any good.

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Business permit renewal made easier

as of 02/19/2010 11:39 PM Makati Business District

MANILA, Philippines – As perceived by managers in the Philippines, it’s generally easier to renew a local business permit nowadays compared to 3 years ago....full article

Villar wants 'entrepreneurial revolution'

as of 02/19/2010 11:34 PM Sen. Manny Villar at the Makati Business Club general membership meeting. (February 10, 2010)

Third in a series on presidential candidates’ economic platforms MANILA, Philippines – Entrepreneurs will have it good under Sen. Manuel “Manny” Villar Jr.’s administration if he wins as president in 2010....full article

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